Euro / U.S. DollarShort
EURUSD 27.02.2022
Looking to short EU from 1.13000
Confluences:
- Bearish market structure as LLs and LHs are being printed.
- Broke below 1.13000 support region without retest.
- Retest level (1.13000) which is currently the support-turned-resistance level falls inline with the 78.6% fib reversal levels.
Trade = invalid if descending trendline is broken and price closes above the 1.13000 key level
Confluences:
- Bearish market structure as LLs and LHs are being printed.
- Broke below 1.13000 support region without retest.
- Retest level (1.13000) which is currently the support-turned-resistance level falls inline with the 78.6% fib reversal levels.
Trade = invalid if descending trendline is broken and price closes above the 1.13000 key level
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.